Singapore Stocks on Bulls' Shopping List
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Singapore stocks should soon become a favorite for investors looking for value.
That’s because valuations, earnings growth and dividend yields are looking particularly attractive, according to strategists at Morgan Stanley Asia Singapore Pte. and DBS Group Holdings Ltd.’s wealth-management unit. Hit by concerns over the impact of the U.S.-China trade war and Federal Reserve monetary tightening, the benchmark Straits Times Index has slumped 15 percent since May and is hovering around its lowest level since January 2017.